Principal LifeTime 2050 Fund

Shareclass
Principal LifeTime 2050 Institutional (PPLIX)
Type
Open-end mutual fund
Deforestation grade: Fund is invested in deforestation-risk agricultural commodity producer/traders, below the threshold of 0.5%. Assigned a grade of C.
How we track deforestation-risk investments
C
10.03%
INVESTED IN DEFORESTATION-RISK COMPANIES
producers
AGRIBUSINESS
deforestation-risk producers and traders of palm oil, paper/pulp, rubber, timber, cattle, and soy
banks
BANKS AND LENDERS
that finance deforestation-risk agribusiness producers via lending and underwriting
consumers
MAJOR CONSUMER BRANDS
that use deforestation-risk agribusiness commodities in products
139
holdings flagged
9.83%
of assets flagged
This fund contains
 $301.78 MILLION invested 
in holdings flagged for deforestation risk
Take action
producers
Commodity producers
21 holdings
0.46% of assets
$14.18 MILLION invested
banks
Banks and lenders
27 holdings
2.14% of assets
$65.64 MILLION invested
consumers
Major consumer brands
103 holdings
7.55% of assets
$231.83 MILLION invested
Commodity producers
Commodity producers
21 HOLDINGS
Companies that produce and trade palm oil, paper/pulp, rubber, timber, cattle, and soy, and have a past record or a significant risk of contributing to deforestation, land grabbing, and human rights abuses. Investing in any of these companies assigns a fund a grade of C if total producer exposure is below the threshold of 0.5%; a grade of D if below 1.5%; and a grade of F if above 1.5%.
21 HOLDINGS
  • % of portfolio
    $ invested
  • 1. ITOCHU Corp
    Timber producerRubber producerPaper/pulp producerPalm oil producer
    0.12%0.12% of portfolio
    $3.74M$3.74M invested
    Timber producerRubber producerPaper/pulp producerPalm oil producer
  • 2. Hormel Foods Corp
    Soy producerCattle producer
    0.11%0.11% of portfolio
    $3.49M$3.49M invested
    Soy producerCattle producer
  • 3. Associated British Foods PLC
    Soy producerPalm oil producer
    0.07%0.07% of portfolio
    $2.11M$2.11M invested
    Soy producerPalm oil producer
  • 4. Stora Enso Oyj Class R
    Timber producerPaper/pulp producer
    0.04%0.04% of portfolio
    $1.33M$1.33M invested
    Timber producerPaper/pulp producer
  • 5. Sumitomo Forestry Co Ltd
    Timber producer
    0.04%0.04% of portfolio
    $1.19M$1.19M invested
    Timber producer
View next 5
Banks and lenders
Banks and lenders
27 HOLDINGS
Financial institutions directly and indirectly involved in underwriting and lending to deforestation-risk producers and traders. Investing in any of these companies assigns a fund a grade of B (assuming there are no investments in producers).
27 HOLDINGS
  • % of portfolio
    $ invested
  • 1. JPMorgan Chase & Co
    0.56%0.56% of portfolio
    $17.14M$17.14M invested
  • 2. Bank of America Corp
    0.38%0.38% of portfolio
    $11.74M$11.74M invested
  • 3. Morgan Stanley
    0.3%0.3% of portfolio
    $9.3M$9.3M invested
  • 4. PT Bank Rakyat Indonesia (Persero) Tbk Registered Shs Series -B-
    0.21%0.21% of portfolio
    $6.33M$6.33M invested
  • 5. DBS Group Holdings Ltd
    0.13%0.13% of portfolio
    $3.95M$3.95M invested
View next 5
Major consumer brands
Major consumer brands
103 HOLDINGS
Consumer goods retailers that source palm oil, paper/pulp, rubber, timber, cattle, and soy from deforestation-risk producers and traders and sell it to consumers worldwide. Investing in any of these companies assigns a fund a grade of B (assuming there are no investments in producers).
103 HOLDINGS
  • % of portfolio
    $ invested
  • 1. Amazon.com Inc
    Soy major consumer brandCattle major consumer brandTimber major consumer brandRubber major consumer brandPaper/pulp major consumer brandPalm oil major consumer brand
    1.8%1.8% of portfolio
    $55.34M$55.34M invested
    Soy major consumer brandCattle major consumer brandTimber major consumer brandRubber major consumer brandPaper/pulp major consumer brandPalm oil major consumer brand
  • 2. Costco Wholesale Corp
    Soy major consumer brandCattle major consumer brandTimber major consumer brandPaper/pulp major consumer brandPalm oil major consumer brand
    0.61%0.61% of portfolio
    $18.86M$18.86M invested
    Soy major consumer brandCattle major consumer brandTimber major consumer brandPaper/pulp major consumer brandPalm oil major consumer brand
  • 3. Shell PLC
    Soy major consumer brandPalm oil major consumer brand
    0.34%0.34% of portfolio
    $10.45M$10.45M invested
    Soy major consumer brandPalm oil major consumer brand
  • 4. Unilever PLC
    Soy major consumer brandPaper/pulp major consumer brandPalm oil major consumer brand
    0.25%0.25% of portfolio
    $7.56M$7.56M invested
    Soy major consumer brandPaper/pulp major consumer brandPalm oil major consumer brand
  • 5. Johnson & Johnson
    Paper/pulp major consumer brandPalm oil major consumer brand
    0.23%0.23% of portfolio
    $7.19M$7.19M invested
    Paper/pulp major consumer brandPalm oil major consumer brand
View next 5
View more info
DATA AS OF 31 Dec 2023
Financial performance
Performance data provided byMorningstarFind more financial data on PPLIX at Morningstar.com
Current fund
PPLIX
Principal LifeTime 2050 Fund
Family
Principal Funds
Category
Target-Date 2050
vs.
Benchmark
IVV
iShares Core S&P 500 ETF
Family
iShares from BlackRock
Category
Large Blend
Fund comparison settings
Investment timeline
Performance as of: 1/31/24
1 year
3 years
5 years
10 years
Benchmark
Suggested: Not available
IVV - iShares Core S&P 500 ETF
Fund comparison results
Compared to the benchmark, this fund has:
Lower 10-yr returns 
-4.57% less in annualized returns
More invested in commodity producers 
0.24% more invested
Less invested in banks and lenders 
0.21% less invested
Less invested in major consumer brands 
4.62% less invested
Current fund
PPLIX
Principal LifeTime 2050 Fund
Family
Principal Funds
Category
Target-Date 2050
vs.
Benchmark
IVV
iShares Core S&P 500 ETF
Family
iShares from BlackRock
Category
Large Blend
Fund comparison settings
Investment timeline
Performance as of: 1/31/24
1 year
3 years
5 years
10 years
Benchmark
Suggested: Not available
IVV - iShares Core S&P 500 ETF
Fund comparison results
Compared to the benchmark, this fund has:
Lower 10-yr returns 
-4.57% less in annualized returns
More invested in commodity producers 
0.24% more invested
Less invested in banks and lenders 
0.21% less invested
Less invested in major consumer brands 
4.62% less invested
Current fund
PPLIX
Principal LifeTime 2050 Fund
Family
Principal Funds
Category
Target-Date 2050
vs.
Benchmark
IVV
iShares Core S&P 500 ETF
Family
iShares from BlackRock
Category
Large Blend
Fund comparison settings
Investment timeline
Performance as of: 1/31/24
1 year
3 years
5 years
10 years
Benchmark
Suggested: Not available
IVV - iShares Core S&P 500 ETF
Fund comparison results
Compared to the benchmark, this fund has:
Lower 10-yr returns 
-4.57% less in annualized returns
More invested in commodity producers 
0.24% more invested
Less invested in banks and lenders 
0.21% less invested
Less invested in major consumer brands 
4.62% less invested
Month-end trailing returns  
Annualized returns
Deforestation analysis
1-yr
3-yr
5-yr
10-yr
Commodity producers
This fund
PPLIX - Principal LifeTime 2050 Fund
12%
4.95%
9.35%
8%
0.46% 
Benchmark
IVV - iShares Core S&P 500 ETF
21%
11%
14%
13%
0.22% 
Fund compared to benchmark
 
-8.67%
-6.01%
-4.92%
-4.57%
0.24%  higher
Find more financial data on PPLIX at Morningstar.com
Take Action
Call on U.S. investment firms to implement Deforestation and Land Grab-Free investment policies.
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